Average rent in Toronto for a 2-bedroom (2026)
New 2-bedroom leases in Toronto average $2,937 a month (Rentals.ca, September 2026). Across all renters, including long-time tenants, the average is $2,045 (CMHC, October 2025).
| Benchmark | 2-bedroom |
|---|---|
| All renters (CMHC, Oct 2025) | $2,045 |
| New leases (Rentals.ca, September 2026) | $2,937 |
At $2,045, a 2-bedroom in Toronto is 12% above the Ontario average ($1,821).
Source: CMHC Rental Market Survey, Oct 2025: average rent by bedroom and survey zone (purpose-built, all tenants). These are averages for purpose-built rental apartments and include long-time tenants, so new leases are usually higher.
Asking rent source: Rentals.ca & Urbanation National Rent Report, Oct 2026: average asking rent by city and bedroom, September 2026.
What people here told us
80% of the 5 people who checked their rent for a 2-bedroom in Toronto on this site pay more than the benchmark, and 0% pay less.
Check your Toronto 2-bedroom rent in 10 seconds →2-bedroom rent by zone
- Toronto (Central) · $2,776
- Toronto (East) · $1,869
- Toronto (North) · $2,476
- Toronto (West) · $2,252
- Etobicoke (South) · $1,762
- Etobicoke (Central) · $2,200
- Etobicoke (North) · $2,015
- York · $2,067
- East York · $1,820
- Scarborough (Central) · $1,843
- Scarborough (North) · $1,774
- Scarborough (East) · $1,852
- North York (Southeast) · $1,890
- North York (Northeast) · $2,156
- North York (Southwest) · $1,814
- North York (N.Central) · $2,039
- North York (Northwest) · $1,751
- Mississauga (South) · $1,929
- Mississauga (Northwest) · $2,280
- Mississauga (Northeast) · $1,964
- Brampton (West) · $2,047
- Brampton (East) · $1,992
- Oakville · $2,309
- Richmond Hill/Vaughan/King · $1,827
- Aurora, Newmkt, Whit-St. · $2,183
- Markham · $1,996
- Pickering/Ajax/Uxbridge · $1,749
- Milton/Halton Hills · $1,667
- Orangeville/Mono · $1,671
- Bradford/West Gwillimbury/New Tecumseth · $1,507
Common questions
What is the average 2-bedroom rent in Toronto?
The average 2-bedroom rent across all renters in Toronto is $2,045 a month (CMHC Rental Market Survey, October 2025). It includes long-time tenants, so it runs below what new renters are asked.
How much is a new 2-bedroom lease in Toronto?
The average asking rent for a 2-bedroom in Toronto is $2,937 a month (Rentals.ca and Urbanation, September 2026, city-wide, all listing types).
How do I know if I'm overpaying for a 2-bedroom in Toronto?
If you moved in 2024 or later, compare with the asking rent; if earlier, compare with the CMHC average. Our free check does this for you in about 10 seconds and shows how you compare with others who checked.